Former Rochdale Securities Analyst Dick Bove is "preparing to sign a deal with NYC-based Rafferty Holdings, according to FOX Business Network (FBN) Senior Correspondent Charlie Gasparino." Gasparino says this will likely happen Tuesday. It was reported earlier today that Dick Bove was resigning after a massive trading error involving Apple stock occurred. He is expected to hand in his letter of resignation on Monday.
On former Rochdale Securities Analyst Dick Bove's plans to sign with Rafferty Holdings:
Former Rochdale Securities Analyst Dick Bove is blowing off a deal with Cantor Fitzgerald. Sources say that, instead, he is preparing to sign a deal with NYC-based Rafferty Holdings. Sources say that Bove will likely sign the deal on Tuesday.